Wedding Loans

Are you ready for that royal marriage celebration?

Make your dream marriage a perfect reality with hassle free process. Apply online, submit documents and get quick disbursal to get marriage loan.

This won't impact your CIBIL score

So, how does Wedding Loan work?

Unique personal loan for your grand wedding celebration. At LoanTap, we take in account of multiple expenses that you incur for the wedding ceremony. Therefore, our Wedding Loan comes with flexible repayment facility at an attractive interest rate. Pay only interest for the first 5 months to ease your expenditure post marriage and then fixed EMI for rest of the tenure. Apply online, submit documentation on a portal and get an instant offer.

LoanTap's Advantage


Why take Wedding Loan from LoanTap?

Instant approval and disbursal

Fast online process for loan sanction. High Wedding loan amount for long tenure

Flexible Re-payment

Interest only repayment for first 5 months

Minimum documents

Basic minimum documentation for all our custom personal loan products

Transparent Processes

No hidden charges, No pre-payment charges.

eligibility-criteria

Eligibility Criteria for Wedding Loan

1

Salaried Professional with monthly income more than Rs 30,000

2

Individual working with a limited/private limited company or in a government job

Check My Instalment

Check your reduced tentative monthly outflow as compared to personal loan and credit card. Representative withdrawal of Rs 1 Lakh from your overall sanctioned limit.

Key Features
Montly Installment / Payment on Rs 1 Lac
Tenure
Lock-in Period
Foreclosure charges
Partpayment charges
Repayment Methedology
Online Process
Bank Loan LoanTap Credit Card
Rs. 2327 Rs. 1500 (for initial 5 Months) Rs. 5000
12-60 Months 24 Months 30 Days
12 Months Nil Nil
4% after Lock In Nil Nil
2-4% Nil Nil
Equated monthly instalments Only Interest for initial 5 Months, followed by Fixed EMIs Entire utilized amount
No Yes Yes
Check My Rate
Key FeaturesLoanTap
Montly Installment / Payment on Rs 1 Lac Rs. 1500 (for initial 5 Months)
Tenure 24 Months
Lock-in Period Nil
Foreclosure charges Nil
Partpayment charges Nil
Repayment Methedology Only Interest for initial 5 Months, followed by Fixed EMIs
Online Process Yes
Check My Rate
Bank LoanCredit Card
Rs. 2327 Rs. 5000
12-60 Months 30 Days
12 Months Nil
4% after Lock In Nil
2-4% Nil
Equated monthly instalments Entire utilized amount
No Yes

How we make loans happen in 24-36 hours

online application
Online Application

Apply online, upload basic documents or mail us

record your time
Record your time for representative visit

Download documents as per checklist, sign and handover to our representative.

verification sanction disbursal
KYC & Fund transfer

We check documents, verify them and activate instant disbursal online

Frequently Asked Questions


Any salaried customer with monthly salary more than Rs 30,000 can apply online and check eligibility at https://loantap.in/wedding-loans/. You will need to fill in few basic information to know your eligibility instantly.

Final loan amount is decided on basis of your eligibility and credit checks.

LoanTap takes in account your expenses during marriage times and therefore we offer completely flexible unsecured loan product through our Wedding Loan. Our wedding loan comes with interest only payment up to initial 5 months of loan tenure. This eases out your monthly cash outflow post wedding. This also provides enough time for you to settle your cash flows.

We offer Wedding Loan amount ranging from Rs 1 lakh up to Rs 10 lakhs. Final loan amount decision is arrived at on basis of your eligibility and credit checks.

Wedding Loans are available for tenures ranging from min 12 months and up to 24 months.

We have a very quick and efficient underwriting system which ensures that marriage loan is delivered to you on time. It usually takes from 24 to 36 working hours; provided all documentation and credit checks are in place.
We need below documents for processing your loan request-
  • PAN
  • Address proof
  • 3 months’ pay slips
  • 6 month’s salary account bank statement
However, we might request for other documents if need arises during credit checks.
Financial requirement is huge during wedding times. So, one tends to utilize all sources of funds available. Despite every requirement, one should avoid using credit cards for high amounts. Interest rates charged on credit card outstanding amount are usually as high as 3-4% per month. On the other hand, a wedding loan offers debt at much lower rate and builds in financial discipline with repayments. Normally, you save at least 50% on interest outflows when you compare wedding loan with credit card. Flexible payment of wedding loan from LoanTap gives you buffer of interest only payment for first five months.
Processing fee for this loan is 2%+applicable taxes; on the gross loan amount sanctioned.
Yes, you can make higher payments towards your loan. No charges for higher payments or foreclosure are applicable post 6 months. Within 6 months you can make part payments or foreclosure-with minimal charges applicable.
Yes, you can pre-pay the loan facility post 6 months of disbursement. No foreclosure charges are applicable post 6 months of loan completion, however within 6 months you can prepay your loan with minimal charges
Wedding Loan is available in cities where LoanTap is operational. Currently we are providing our loans in Bangalore, Hyderabad, Chennai, Coimbatore, Mumbai, Pune, Ahmedabad, Vadodara, Raipur, Bhopal, Indore, Jaipur, Delhi-NCR and Chandigarh locations.

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